Economics
Punch-Drunk U.S. Stocks Keep Dodging as Strategists See Peak
- Four straight days of gains show resilience of bull market
- Sinking bond yields, dovish Fed support stocks post-Brexit
What's Ahead for Global Markets?
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They don’t go up. Neither do they stay down.
That’s the story of U.S. stocks, which three months after a 10 percent correction and mired in the longest decline of the seven-year bull market just shook off another global shock and rallied back to even. The 5.3 percent selloff of June 24 and 27 is now a blip on a chart after $1 trillion in market value was erased and restored over eight days.